XL is a company that specializes in providing hassle-free short-term contract hire cars to both corporate clients and private individuals. The company was founded in 2006 and operates in the automotive industry. Their slogan, "Providing hassle-free short-term contract hire cars with long-term cost benefits for both corporate and private users" encapsulates their core value proposition. XL Limited's business model offers vehicles at costs comparable to long-term financing, without the operational and maintenance-related hassles associated with owning a modern fleet. The company secured a significant £1.00M Equity Crowdfunding investment on 08 July 2018, signifying investors' confidence in the company's vision and potential for growth. However, details about the investors and headquarter location are not specified. Overall, XL Limited presents an intriguing opportunity within the automotive sector, positioning itself as a potential disruptor in the short-term contract hire car market. The recent investment injection underscores the market's interest in their offering and their potential for expansion and innovation in the coming years.
Funding Stage | Amount | No. Investors | Investors | Date |
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Equity Crowdfunding | £1.00M | - | 08 Jul 2018 |
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